Market Report, "Governance, Risk and Compliance - The Pakistani Insurance Industry", published

The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Pakistan, including: * An overview of the insurance regulatory framework in Pakistan * The latest key changes, and changes expected in the country's insurance regulatory framework * Key regulations and market practices related to different types of insurance product in the country * Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Pakistan * Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations * Details of the tax and legal systems in the country

Full Report Details at
- http://www.fastmr.com/prod/1077068_governance_risk_compliance.aspx?afid=301

Report Highlights

* The SECP is the regulatory body for supervising and regulating the insurance industry. * The government of Pakistan allows 100% FDI in the country's insurance industry. * Non-admitted insurance is not permitted in Pakistan. However, unlicensed insurers are permitted to sell reinsurance and marine export cargo insurance contracts in the country. * Compulsory classes of insurance include motor third-party liability insurance and workmen's compensation insurance. * Composite insurance is not permitted in Pakistan. * The SECP has proposed to increase minimum capital requirements for insurers.

Report Scope

* The report covers details of the insurance regulatory framework in Pakistan. * The report contains details of the rules and regulations governing insurance products and insurance entities. * The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework. * The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country. * The report provides details of taxation imposed on insurance products and insurance companies.

Reasons to Get this Report

* Gain insights into the insurance regulatory framework in Pakistan. * Track the latest regulatory changes, and expected changes impacting the Pakistani insurance industry. * Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country. * Understand key regulations and market practices pertaining to various types of insurance product.

Companies Mentioned in this Report: Central Depository Company of Pakistan Ltd, Pakistan Reinsurance Company Ltd State Bank of Pakistan"

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